Subject: catalytica write - down
on the 12 / 11 mpr to be issued on 12 / 12 , we will be taking a $ 56 million loss
on catalytica energy systems . this asset will begin trading on the open
market either friday , 12 / 15 or monday , 12 / 18 under the ticker cesiv . the
potential trading range of $ 10 - $ 20 per share is disclosed in the company ' s
s - 1 . this asset is in raptor i and therefore this write - down will exhaust
$ 56 m of the remaining raptor i capacity .
please call me at x 3 - 6983 with questions .